Eveready has posted a net profit of Sh. 267.2 million in the financial period ended September, 2017.
This was in comparison to an after-tax loss of Sh. 206.5 million in a similar period a year earlier.
“The sale of our Nakuru property...
For close to one year now the National Transport and Safety Authority (NTSA) has not been issuing new Kenyan drivers with either old-format driving licenses or the new digital driving licenses in Kenya.
Instead it has been a pain in...
The Nairobi City Water and Sewerage Company (NCSWC) replaces its traditional banking halls across the city with its agency platforms.
This will see all Nairobi water bills paid online starting today. The firm had on Tuesday announced closure of all...
The struggling National Bank of Kenya has started a fresh round of restructuring that will see 150 employees sent home this week.
This is the latest among a host of efforts by the lender to stay afloat. NBK says that it...
BY WACEKE NDUATI OMANGA
The only way to start a business is to just start. Here are a few tips to help you along.
There’s nothing that jump-starts this journey more than a real client. Your business plans may look good...
From January this year residents in Nairobi will no longer have to pay their water ills at the ash points popularly known as banking halls at the Nairobi City Water and Sewerage Company (NCSWC). This follows a decision by...
Sub compact super mini cars have been around for decades as each car manufacturer appealed to the market segment that needed a small and smart car, which is easy to park and manoeuvre. In 2001, Toyota introduced the Vitz...
BY BUSINESS DAILY
Uchumi Supermarkets is set to close its Jipange (Ruaraka) and Capital Centre branches at the end of this month and seek out space at more profitable locations.
The retailer, which is in the market for an equity investor to...
Kenya will not have electric trains anytime soon. This is after the government dropped plans for electrification of the standard gauge railway (SGR) line between Mombasa and Nairobi.
These plans were shelved due to high high costs and irregular power supply.
“Electrifying this...
BY DAILY NATION
Acting Education Cabinet Secretary Fred Matiang’i has shut down the Presbyterian University of East Africa.
Matiang'i has also ordered the Commission for University Education (CUE) to start winding up the university.
The closure follows a recommendation from the CUE. In a report to...
Kenya’s banking sector has once again demonstrated resilience and strong profitability, rewarding shareholders with generous dividend payouts for the...